Myers IndustriesMYE +5.10%62 Days Payable is 57.28 as of Mar. 2026, which is 12% above its 10-year median of 51.17. GuruFocus rates MYE with a GF Score™ of 62/100 and a GF Value™ of $15.26 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 378 Packaging & Containers companies, Myers Industries ranks worse than 54.23% on this metric.
The historical rank and industry rank for Myers Industries's Days Payable or its related term are showing as below:
MYE'
s Days Payable Range Over the Past 10 Years
Min: 45.97 Med: 51.17 Max: 58.61
Current: 52.98
During the past 13 years, Myers Industries's highest Days Payable was 58.61. The lowest was 45.97. And the median was 51.17.
MYE's Days Payable is ranked worse than 54.23% of 378
companies
in the Packaging & Containers industry
Industry Median: 57.21
vs MYE: 52.98
Myers Industries's Days Payable
declined
from Mar. 2025 (63.84) to Mar. 2026 (57.28).
It may suggest that Myers Industriesaccelerated paying its suppliers.
Myers Industries Days Payable Related Terms
Myers Industries Days Payable Historical Data
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The historical data trend for Myers Industries's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Packaging & Containers subindustry, Myers Industries's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Myers Industries Days Payable vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Myers Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Myers Industries's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Myers Industries's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Myers Industries (MYE) has a Days Payable of 57.28 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Myers Industries and its competitors. This is 12% above median its historical median of 51.17. Over the past decade, Myers Industries' Days Payable has ranged from 45.97 to 58.61. According to the industry distribution chart, Myers Industries ranks #205 out of 378 companies in the Packaging & Containers industry, placing it in the top 54.2%.
Is Myers Industries' Days Payable too high?
Myers Industries' current Days Payable of 57.28 is 12% above median its 10-year median of 51.17. Over the past 10 years, this metric has ranged from a low of 45.97 to a high of 58.61. The Packaging & Containers industry median Days Payable is 57.21. Myers Industries' value of 57.28 is 0.1% above this industry median. Based on the distribution chart, Myers Industries ranks #205 out of 378 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Myers Industries has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Myers Industries' Days Payable compare to PACK and KRT?
According to the Packaging & Containers industry distribution chart, Myers Industries ranks #205 out of 378 companies for Days Payable. This places Myers Industries in the lower half of its industry. The industry median Days Payable is 57.21. Myers Industries' value of 57.28 is 0.1% above this benchmark. Historically, Myers Industries' own Days Payable has ranged from 45.97 to 58.61 over the past decade. While the company's 10-year median is 51.17 vs. the industry median of 57.21, Myers Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.21, based on 378 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Myers Industries's current Days Payable of 57.28 is 0.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Myers Industries and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myers Industries's current Days Payable is 57.28, which is 12% above median its own 10-year median of 51.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myers Industries stock overvalued right now?
Based on GuruFocus' analysis, Myers Industries (MYE) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.26, compared to a current price of $32.14 — trading 110.6% above its estimated fair value. The current Days Payable is 57.28, which is 12% above median its 10-year median of 51.17 and 0.1% above the Packaging & Containers industry median of 57.21. Myers Industries' overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Myers Industries (MYE), the current Days Payable is 57.28 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Myers Industries (MYE) Overvalued in 2026?
Based on GuruFocus' analysis, Myers Industries stock appears to be overvalued.
The current stock price of $32.14 is trading 110.6% above its estimated GF Value™ of $15.26.
GuruFocus considers Myers Industries to be Significantly Overvalued.
Key valuation signals for MYE:
Days Payable: 57.28 (12% above median its 10-year median of 51.17)
GF Value™: $15.26 vs. price of $32.14 (110.6% above fair value)
Industry Position: 0.1% above the Packaging & Containers median (#205 of 378)
No single metric tells the full story. See the MYE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Myers Industries Inc designs, manufactures, and markets a variety of plastic, metal, and rubber products, including a broad selection of plastic reusable containers, pallets, small parts bins, bulk shipping containers, storage and organization products, OEM parts, custom plastic products, consumer fuel containers and tanks for water, fuel and waste handling. It operates through the following segments: The Material Handling segment manufactures a selection of durable plastic reusable products that are used repeatedly during the course of their service life. The Distribution segment is engaged in the distribution of equipment, tools, and supplies used for tire servicing and automotive under-vehicle repair, etc. It generates the majority of its revenue from the Material Handling segment.
62GF Score
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